#DYDX/USDT Breakout from Falling Wedge |

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#DYDX

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.

There is a major support area in green at 0.577, representing a strong support point.

We are heading for consolidation above the 100 moving average.

Entry price: 0.603
First target: 0.625
Second target: 0.641
Third target: 0.663

Don't forget a simple matter: capital management.

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